For Immediate Release September 13, 2023
PTRC is grateful and delighted to have been awarded the Carbon Storage Award at the Carbon Capture Canada Conference in Edmonton on September 13th at a Gala Awards Ceremony. The award was in recognition for its work on the Aquistore deep saline storage project.
PTRC is thankful for the acknowledgement of the importance of this pioneering project, with thanks to all our partners in demonstrating the safety and security of long-term geological storage of CO2 from SaskPower's Boundary Dam Capture Facility. Thanks to Government of Saskatchewan and Innovation Saskatchewan's continuing support of our world-leading CCS initiatives, and especially the commitment of our many R&D partners, universities, and SaskPower employees who make Aquistore the project, globally, sought after for its data, expertise and knowledge.
"I am so proud of this award," noted Ranjith Narayanasamy, the CEO and President of the PTRC. "Aquistore has been a bell-weather project for years, demonstrating that CO2 can be safely and efficiently stored in a deep saline aquifer, thus reducing emissions from a coal-fired power station, but also demonstrating that safe and effective storage can assist many different industires, from steel, to cement, to power generation, and refining. I am so proud of my staff and our ongoing sponsors like SaskPower, Innovation Saskatchewan, the Government of Saskatchewan, and countless industry and academic partners."
Aquistore is about to reach the milesone of 600,000 tonnes of stored CO2.